Collegiate Pacific Nets 36% Bottom-Line Gain

A 22% increase in first-quarter revenue helped spur a 36% increase in net income for Dallas-based Collegiate Pacific (Amex: BOO). For the three months ended March 31, the manufacturer/marketer of sports equipment to institutional buyers netted $582,765 on revenue of $6.1 million. For the first quarter of 2002, net income has been $428,751 on sales of $5.0 million.